Adrian Wail Akhlas, Jakarta – The World Bank has called on the government to strengthen tax collection to stimulate growth amid tax reforms plans that will lower tax revenue.
Taxation & State Budget
Displaying 401 - 450 of 578 Documents
January 31, 2020
January 17, 2020
Dili – The parliament of Timor-Leste rejected the new proposal of the government for the state budget.
January 7, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's 2019 state budget deficit totaled 2.2 percent of gross domestic product (GDP), wider than the government's target of 1.8 percent due a revenue
December 24, 2019
Dyaning Pangestika, Jakarta – Local K-pop fans have expressed their disappointment on social media after the government slapped import tariffs on more e-commerce goods.
Nasori, Jakarta – The Customs Office has tightened the rules for e-commerce imports on Monday as part of a concerted effort to protect local small businesses producing shoes, bags and
Caesar Akbar, Jakarta – Customs Director-General at Finance Ministry Heru Pambudi announced that imported books are exempted from duty and tax including VAT or value-added tax and inco
December 19, 2019
Adi Ahdiat, Jakarta – The government has a responsibility to advance public healthcare, enlighten national life and create social justice.
December 18, 2019
Jakarta – The Indonesian government has delayed the handover of a sweeping tax Bill to Parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 1
December 17, 2019
Heru Andriyanto, Surabaya – The East Java Police have seized fourteen luxury cars worth billions of rupiah for a lack of valid ownership documents and unpaid taxes in recent operations
December 11, 2019
Karlis Salna – Indonesia's cabinet is discussing amending a legally imposed cap on the budget deficit, which would allow the government to spend and borrow more to stimulate growth in
December 6, 2019
Jakarta – The Jakarta Tax and Levy Agency (BPRD) and the Jakarta Police are conducting joint raids on the homes of luxury car owners as part of the city administration's efforts to col
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December 5, 2019
Marchio Irfan Gorbiano, Jakarta – The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
December 4, 2019
M Rosseno Aji, Jakarta – Jakarta's Tax and Levy Agency (BPRD) in conjunction with the Metro Jaya Police commenced an operation to collect tax arrears owed by luxury car owners on Tuesd
November 29, 2019
Adrian Wail Akhlas, Jakarta – Finance Minister Sri Mulyani Indrawati on Thursday shared the government's planned tax reforms, which includes relaxing income tax for Indonesian and fore
November 26, 2019
Marchio Irfan Gorbiano, Jakarta – The Taxation Directorate General will focus on expanding Indonesia's tax base next year in order to meet a tough revenue target for 2020 amid an econo
November 22, 2019
Jakarta – President Joko "Jokowi" Widodo's omnibus law bill will introduce sweeping tax reforms ranging from reduced income and value-added taxes and zero tax on dividends to lower non
November 20, 2019
Viriya Singgih and Karlis Salna – Indonesia's government is prepared to widen the budget deficit further to counter a potential deeper deterioration in the global growth outlook, Deput
November 19, 2019
Marchio Irfan Gorbiano, Jakarta – The government has indicated that the 2019 fiscal deficit could hit its worst-case estimate as it plans to keep spending despite sluggish revenue coll
November 18, 2019
Viriya Singgih and Karlis Salna – Indonesia's budget deficit has ballooned to more than $20 billion and is set to widen further as Southeast Asia's largest economy struggles amid a glo
Jakarta – Indonesia reported a near flat income in January-October compared with the corresponding period a year earlier on Monday, as revenues from some taxes shrank, underlining the
November 16, 2019
Jakarta – The poor performance of the government in collecting tax revenues is inseparably linked to the weak economy.
November 1, 2019
Jakarta – Finance Minister Sri Mulyani Indrawati appointed on Friday her expert assistant Suryo Utomo as the new tax director-general, tasking him to make sure the country meets this y
October 15, 2019
Triyan Pangastuti, Jakarta – Repatriated funds from the government's tax amnesty program have yet to leave Indonesia even though the holding period for some of the funds had ended, ass
September 26, 2019
Riska Rahman, Jakarta – The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.
September 25, 2019
Jakarta – The House of Representative passed the 2020 state budget bill into law during a plenary meeting on Tuesday.
Made Anthony Iswara, Jakarta – The government has decided to suspend an export tax imposed on crude palm oil (CPO) and its derivative products until next year to ease the financial bur
September 19, 2019
Erwin C Sihombing, Jakarta – The Jakarta Tax Office said Thursday that 20 Ferrari owners in the city have paid their luxury vehicle taxes, but warned that more than 1,400 luxury vehicl
September 16, 2019
Marvela, Jakarta – Over a thousand cars categorized as luxury cars in the Jakarta area are reportedly in tax arrears amounting to Rp2.4 trillion.
Larissa Huda, Jakarta – The Indonesian Tobacco Farmers Association (APTI) chairman Agus Parmuji opined the 23-percent cigarette tax hike is beyond a reasonable threshold and will highl
September 6, 2019
Kunradus Aliandu, Jakarta – Indonesia plans to cut corporate taxes to boost domestic investment.
September 4, 2019
Marchio Irfan Gorbiano, Jakarta – The government plans to gradually lower the corporate income tax in a bid to attract more investment and boost the country's cooling economic growth.
August 31, 2019
Norman Harsono, Jakarta – Indonesia's tax office has announced several tax incentives for oil and gas contractors operating in the country.
August 21, 2019
Nur Yasmin & Dion Bisara, Jakarta – The tax office has dashed hopes for a second tax amnesty over concerns that this may erode its credibility.
August 16, 2019
Maikel Jefriando, Tabita Diela, Jakarta – Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spendi
August 2, 2019
Jakarta – Finance Minister Sri Mulyani Indrawati is open to the idea of giving taxpayers a second chance to come clean about assets kept abroad amid calls from the public, particularly
July 24, 2019
Jakarta – The Taxation Directorate General is now preparing a mechanism to collect taxes from all activities in the digital economy, not only trading in marketplaces, but also all acti
July 22, 2019
Jakarta – The Taxation Directorate General has revoked a regulation on individual income tax to simplify the tax calculation process and ensure legal certainty.
July 18, 2019
Bambang Nurbianto, Jakarta – Finance Minister Sri Mulyani Indrawati says the slow growth of tax revenues in the first half of 2019 was caused by the implementation of a tax refund acce
July 17, 2019
Jakarta – The Finance Ministry has projected a revenue shortfall of Rp 140 trillion (US$10.02 billion) from the revenue forecast of Rp 1.58 quadrillion in the 2019 state budget, and th
July 9, 2019
Made Anthony Iswara, Jakarta – The government and the House of Representatives on Monday agreed to revise down the tax to gross domestic product (GDP) ratio assumption for the 2020 sta
Jakarta – President Joko "Jokowi" Widodo has issued a regulation on major tax deductions aimed at boosting investment, research and development (R&D) as well as the participation o
July 5, 2019
Jakarta – Finance Minister Sri Mulyani Indrawati has revealed on Tuesday that last year's state budget recorded a deficit of Rp 269.4 trillion, or 1.81 percent of gross domestic produc
July 4, 2019
Retno Ayuningtyas, Jakarta – The Tax Office has said it does not have enough time to execute a plan to cut the corporate income tax from 25 percent to 20 percent by the end of this yea
July 1, 2019
Adi Ahdiat, Jakarta – The government has completed the next year's draft budget for ministries and state institutions.
June 25, 2019
Hendartyo Hanggi, Jakarta – Industry Minister Airlangga Hartarto said the government will continue making policy breakthroughs to make domestic businesses more attractive and able to d
June 24, 2019
Jakarta – Finance Minister Sri Mulyani Indrawati has expressed concern about a slowdown in tax revenue this year.
June 20, 2019
Dion Bisara & Novy Lumanauw, Jakarta – The government is prioritizing revisions to the corporate income tax law, seeking to cut the tax rate from 25 percent to 20 percent to attrac
May 28, 2019
Jakarta – The Supreme Audit Agency (BPK) on Tuesday gave unqualified opinion (WTP) opinion, the best audit grade, for the 2018 central government financial report.
May 21, 2019
Jakarta – The government targets a tax to gross domestic product (GDP) ratio of 11.8 to 12.4 percent in 2020, compared to this year's target of 12.2 percent.